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Chairman Yan Hao Attended the Promotion Conference and Signing Ceremony of "Bay Enterprises Entering Guangxi" in 2020
        To implement the central government's major strategic decisions and deployments on Guangxi's development, and to further advance the progress of "Bay Enterprises Entering Guangxi", the party committee and government of Guangxi Zhuang Autonomous Region held the "Share New Opportunities for Cooperation and Construct New Layout for Development - the Promotion Conference and Signing Ceremony of ‘Bay Enterprises Entering Guangxi' in 2020” on the afternoon of September 24. The promotion conference was conducted simultaneously on-line and on-site, with the main venue in Shenzhen and branch venues in 14 cities and 71 counties in Guangxi. Pacific Construction was invited to participate in the event as a representative of enterprises entering Guangxi. Yan Hao, Chairman of the Board of Directors of Pacific Construction, delivered a speech as the guest representative. At the signing ceremony, Pacific Construction signed a strategic investment framework agreement with Qinzhou City.
        Lu Xinshe, Secretary of the Party Committee of Guangxi Zhuang Autonomous Region and Director of the Standing Committee of the People's Congress of the Autonomous Region, delivered a speech at the promotion conference. Chen Wu, Deputy Secretary of the Party Committee of the Autonomous Region and Chairman of the Autonomous Region, presided over the promotion conference. All members of the Guangxi Party and Government Delegation, principals from various cities, and well-known entrepreneurs from the Greater Bay Area attended at the main venue in Shenzhen, while representatives from various cities, counties, and related enterprises and institutions in Guangxi attended at the branch venues. Yan Hao, representing the Board of Directors of Pacific Construction, attended the event and delivered a speech as a representative of the well-known entrepreneurs.
        Lu Xinshe said that the COVID-19 epidemic is still spreading globally. The international pattern is adjusting profoundly, the world situation is changing constantly, and the global industrial chain and supply chain are facing impact. Facing such complicated international situation and profoundly changing domestic environment, the Party Central Committee with Comrade Xi Jinping at the core reviewed the situation and proposed to promote the formation of a new development pattern with the domestic cycle as the main body and the domestic and international dual cycles mutually promoting each other, bringing new opportunities for the deepening of cooperation between Guangxi and the Bay Area and the improvement of the level of regional coordinated development. It has also created new areas for enterprises in the Bay Area to adjust their industrial structure, optimize their industrial and supply chains.
        Lu Xinshe extended a warm invitation to all the enterprises. He pointed out that with ASEAN's leaping to become our country's largest trading partner, the new era has promoted the development of the western region to form a new pattern, and Guangxi's position in building a new development pattern of "dual cycles" has been further improved. Guangxi are longing for more enterprises in the Greater Bay Area to seize the major opportunities to build a new development pattern, invest and cooperate in development in Guangxi, integrate into the overall development of the Greater Bay Area and North Bay Area, and share the new opportunities for building a cross-border industrial chain and supply chain, share the new opportunities for Guangxi to vigorously promote industrial transformation and upgrade, share the new opportunities for Guangxi's state-financed and state-owned enterprise reforms, share the new opportunities for building new land and sea corridors in the west, and share the new opportunities for the construction of "Two New and One Heavy".
        Yang Chunting, Director of the Office of the General Headquarters of the "Three Enterprises Entering Guangxi" of the Autonomous Region, Secretary and Director of the Party Leadership Group of the Investment Promotion Bureau of the Autonomous Region, and Director of the Economic and Technical Cooperation Office of the Autonomous Region, introduced the investment opportunities in Guangxi. Focusing on the implementation of the new pattern of dual cycles and the new ideas and new visions of promoting the development of industrial integration proposed by Secretary Lu Xinshe, he introduced to the enterprises in the Greater Bay Area the four new business opportunities in Guangxi, including the unblocked domestic circulation and expanded international and external circulation, the fourth industrial revolution, the 40th anniversary of the establishment of Shenzhen Special Economic Zone and the dream of building a magnificent Guangxi and realizing the dream of rejuvenation, for the purpose of jointly promoting the cooperation between the two places in broader areas, higher levels and deeper degrees.

        In his speech, Yan Hao introduced that since signing a 450 billion yuan strategic cooperation agreement with the Guangxi Zhuang Autonomous Region Government in 2017, Pacific Construction has fulfilled its solemn promise with its absolute integrity, and joined hands with local governments at all levels to deeply integrate into Guangxi's development and truly achieve the state of “having the imitative to work, having the ability to work, having the capability to deliver, having the sense of discernment”. We established the Southern Headquarters in Nanning and took only 3 years to invest in 14 cities and 70 counties in the Guangxi Autonomous Region, with more than 200 landed projects, a contracted value of 160 billion yuan and a total investment of over 80 billion yuan. In addition, 84 subsidiaries have been established in various cities and counties in Guangxi, all of which have achieved localized operations. While further helping the local construction industry to develop more healthily, it also keeps GDP and taxes locally.
        Yan Hao pointed out that Pacific Construction has always adhered to the core value pursuit of "Word of mouth! Word of mouth!!! Still word of mouth!!!", and is committed to building a conscience project, a descendant project, and an honorary project. The Guangxi Advanced Equipment Manufacturing City (Yulin), Fusui Shanwei Industrial Park and other projects have become image projects and highlight projects that help local economic and social development. At the same time, the enterprise actively fulfills its social responsibilities and has become the most important strategic partner of the China-ASEAN Expo for two consecutive years, fully supporting the successful holding of the China-ASEAN Expo. At the same time, the enterprise actively responds to the strategy of poverty alleviation and rural revitalization, and creatively carries out the construction of the “triad” precision poverty alleviation model of construction poverty alleviation, education poverty alleviation, and industry poverty alleviation to help Guangxi win the battle against poverty.
        Yan Hao admitted that looking back on the cooperation over the past three years, the enterprising spirit and practical style of local governments at all levels in Guangxi made us deeply feel the genuine concern and help provided by Guangxi's support for Bay Enterprises Entering Guangxi and the development of private enterprises. Secretary Lu Xinshe has put forward earnest hopes to us, hoping that Pacific Construction will continue to use its advantages and participate in the construction of the North Bay Economic Zone more deeply and widely. Chairman Chen Wu highly affirmed our work and pointed out that the construction of the Pacific starts with the construction of Guangxi. From the leaders of the autonomous region to the relevant governments and departments at all levels, everyone is taking practical actions to actively build a cordial and clean relationship between government and business and support the healthy and sustainable development of enterprises entering Guangxi. Pacific Construction will also adhere to the working standards of "fast progress, good quality, low cost, less contradictions, and high efficiency" and the concept of "zero contracting-out, zero affiliation, and zero subcontracting" to continuously innovate cooperation models and expand cooperation space.
        Yan Hao said that Pacific Construction will earnestly implement the requirements of the autonomous region's party committee and government and realize all-round and high-level cooperation with the autonomous region. The first is to seize the period of strategic opportunities in Guangxi and actively deploy projects such as industry-city integration and park construction and operation. The second is to accurately connect the planning and construction of the North Bay Economic Zone. The third is to further rely on Guangxi's geographical advantages as the frontier gateway for China-ASEAN development to deepen exchanges and cooperation with the 10 ASEAN countries. The fourth is to take advantage of the Group's basic full coverage in the Guangdong market, closely follow the autonomous region's strategy of "comprehensively docking with the Guangdong-Hong Kong-Macao Greater Bay Area", and help the "two bays" in interconnection, park construction and industrial integration. The fifth is to continue to increase the county economy to make up for shortcomings, promote rural revitalization with the concept of green development, and boost infrastructure to make up for shortcomings and upgrade the quality of industries.
        At the event site, Pacific Construction signed a 50 billion yuan strategic cooperation agreement with the People's Government of Qinzhou City in Guangxi to help Qinzhou speed up the construction of a new western land-sea corridor hub city under the “Belt and Road” initiative. A total of 92 projects were signed online and offline for this event, with a total investment of 385.159 billion yuan. Among them, a total of 35 investment cooperation projects were signed at the conference site, including 4 strategic cooperation agreements and 31 investment cooperation projects, with an investment amount of 311 billion yuan. Among the signed projects, there are 15 projects with a value exceeding 10 billion yuan, with a total investment of 271.5 billion yuan. There are also 57 cloud contracted projects with a total investment of 74.159 billion yuan.
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